Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Festival Trail Road Salley, SC 29137

    View on Map
    For Sale
    $129,900

    LAND - Salley, SC

    Lot size:
    13.68 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    35
    Last Refresh:
    Apr 8 at 1:06 pm

    Property Features for Festival Trail Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2930811007
    Lot size
    13.68 Acres

    We can help!

    Listing Contact
    Nicholas C Caughman
    Nicholas C Caughman

    Listing agent Nicholas C Caughman License #89046

    Listing office Caughman Realty 120 Ellis Avenue Suite C, Lexington, SC

    Listing date Mar 4, 2026

    MLS# 222086

    Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Land in Salley, SC

    This is a wide open, level 13.68-acre parcel of land that is almost entirely cleared and ready for construction. Located in the town of Salley, South Carolina, the property offers the potential to build a new home. The land has no restrictions and no easements. The property, identified as Track 5, allows for applying for main access to Highway 39/Railroad Avenue to create a driveway leading to the building site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salley
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.302573
    Latitude
    33.560977

    Nearby Similar for Sale

    • $129,900

      Cleared Land in Salley, SC

      Open, level 13.58 acres ready for building in Salley.
      0 Festival Trail Road, Salley, SC 29137
      View Details
    • $75,000

      Land Near Salley, South Carolina

      10.2 acres of wooded land near Salley, South Carolina.
      Veterans Road, Salley, SC 29137
      View Details
    • $70,000

      Tranquil Rural Land in Salley

      4.64 acre rural tract with wells and septic.
      129 Millwood Drive, Salley, SC 29137
      View Details
    • $63,900

      Unrestricted Wooded Acreage Homesite Potential

      4.97 acres, wooded, unrestricted with homesite and subdivision potential.
      TBD Festival Trail Road, Salley, SC 29137
      View Details
    • $346,500

      Salley Land in Aiken County

      35+/- acre property ideal for equestrian or private retreat.
      Union Academy Road lot: 4, Salley, SC 29137
      View Details
    • $75,000

      10 Acres Wooded Land Salley

      10 acres of wooded, level land near Salley, South Carolina.
      TBD Veterans Road, Salley, SC 29137
      View Details
    • $134,900

      Salley, SC Land Parcel

      23.45 acre land parcel in peaceful countryside near Salley, SC.
      Tract 1 Festival Trail, Salley, SC 29137
      View Details
    • $266,400

      Salley, SC Land Parcel

      Nearly 30 acres of land in Salley, South Carolina.
      River Road, Salley, SC 29137
      View Details
    • $150,000
      3,316 SF

      Versatile Former Nursing Home on Acres

      Former nursing home with flexible zoning on 5 acres.
      182 Roberts Street W, Salley, SC 29137
      View Details
    • $349,000

      Land For Sale

      Land available for sale.
      000 Maple Street, Salley, SC 29137
      View Details
    • $108,000

      Land For Sale

      Land available for sale.
      00 Jerusalem Branch Road, Salley, SC 29137
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 13.68 acres of cleared land ready for building.
    Where is this residential land & home lot located?
    The property is located at Festival Trail Road Salley, SC.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: Large, level, and mostly cleared 14‑acre lot, ready for building.; Located in the town of Salley.; No restrictions on the property.
    (803) 622-6171
    We can help!
    Listing Contact
    Nicholas C Caughman
    Nicholas C Caughman
    Real Estate License ID: 89046
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!